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Nalgonda district police have apprehended five more agents connected to Ramavat Balaji Naik, the main accused in a massive financial fraud case. The scam involved duping hundreds of people out of nearly Rs68.47 crore through false promises of high-interest returns.
The arrested individuals are Ramavat Chiranjeevi (35), a photographer; Ramesh Nayak (35), a businessman; Ramavat Suresh Nayak (35), also a businessman; Mahesh; and Ramavat Vinod (29), a DJ operator.
All of the accused hail from Palugutanda village in Vaddipatla, P.A. Palli mandal, Nalgonda.
